Scottish Business Briefing - Thursday 17 May, 2012

Shaf Rasul has sold his discount warehouse BigOffers

WELCOME to scotsman.com’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.

ECONOMICS

Enterprise agency launches growth campaign

SCOTTISH Enterprise has launched a campaign to encourage companies to invest in growth to help get the economy moving and has held out the prospect of funding for firms that rise to the challenge (Herald)

TENNENT’S lager maker C&C Group is on the hunt for acquisitions both in the British Isles and internationally after unveiling a €500 million (£400m) war chest, alongside a rise in full-year profits (Scotsman).

Greggs warns George Osborne’s ‘pasty tax’ could hit profits and jobs

BAKERY chain Greggs warned on Wednesday that the UK government’s plans to extend VAT to hot takeaway food such as pasties and sausage rolls would have a “material impact” on its sales and profits (http://www.scotsman.com/business/greggs-warns-george-osborne-s-pasty-tax-could-hit-profits-and-jobs-1-2297276|Scotsman|Scotsman}).

Information-technology specialist Escape Business Technologies said yesterday it wanted to expand in the Highlands after signing a contract with Thurso-based Nuclear Decommissioning Services (NDS) (P&J.

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